Summary
Food Blenders & Mixers Market Research Report by Type (Double Cone Food Blender, High Shear Mixer, and Planetary Mixer), Product, Technology, Distribution Channel, Application, End-User, Region - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Global Forecast 2023-2030
The Global Food Blenders & Mixers Market size was estimated at USD 9,345.78 million in 2022 and expected to reach USD 9,856.99 million in 2023, projecting growth at a CAGR of 6.12% to reach USD 15,040.47 million by 2030.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 to 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.
Cumulative Impact of COVID-19:
The COVID-19 pandemic has caused a dramatic shift in consumer behavior significantly affecting the food blender and mixer market. With people spending more time at home due to lockdowns and social distancing measures, there has been an increased demand for kitchen appliances such as blenders and mixers. People started using these types of appliances to make their own meals instead of eating out or ordering in, leading to many companies observing their sales surge during this time period.
Cumulative Impact of Russia-Ukraine Conflict:
The ongoing conflict between Russia and Ukraine has also impacted the food blender and mixer market. Due to trade restrictions imposed by western nations on Russia and border control in Ukraine, it has become more difficult to source the raw materials needed to manufacture these products. The economic sanctions on Russia have led to supply chain disruptions that have caused delays in production and delivery times as well as price hikes due to increased costs associated with sourcing materials from other countries.
Cumulative Impact of High Inflation:
High inflation rates in many parts of the world have made it more expensive for customers to purchase food blenders and mixers. Prices for items such as motors and blades have gone up significantly over the last year due to economic uncertainty and higher raw material costs resulting from trade restrictions imposed by some countries, limiting the purchase of blender and mixer products by consumers.
Market Dynamics:
The market dynamics represent the ever-shifting landscape of the Global Food Blenders & Mixers Market by providing actionable insights into supply and demand levels. Taking such factors into account helps inform strategies, investments, and future developments to capitalize on opportunities or avoid potential pitfalls related to political, geographical, technical, social, and economic conditions. Such market observations also highlight consumer behaviors while influencing both manufacturing costs as well as consumer purchasing decisions.
- Drivers
- Exponential increase in consumption of processed food & beverages
- Rising popularity of commercial & residential baking
- Prominent growth in online availability with effective marketing strategies
- Restraints
- Need for regular maintenance and concerns associated with product recalls
- Opportunities
- Advancements in food blender & mixer technologies with the emergence of robotics, AI, and IoT
- Introduction of sustainable and handheld versions of food processors and blenders
- Challenges
- Technical limitations of food blenders & mixers owing to improper and complication operations
Market Segmentation & Coverage:
- Based on Type, the market is studied across Double Cone Food Blender, High Shear Mixer, Planetary Mixer, Ribbon Food Blender, Screw Mixer, and Shaft Mixers.
- Based on Product, the market is studied across Corded and Cordless.
- Based on Technology, the market is studied across Batch and Continuous.
- Based on Distribution Channel, the market is studied across Offline and Online.
- Based on Application, the market is studied across Bakery, Beverage, Confectionary, Dairy, Dried Processed Food, and Seafood.
- Based on End-User, the market is studied across Commercial, Industrial, and Residential.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
This research report categorizes the Global Food Blenders & Mixers Market in order to forecast the revenues and analyze the trends in each of the following sub-markets:
Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Food Blenders & Mixers Market, including Admix Inc., Alfa Laval AB, amixon GmbH, ARDE Barinco, Automated Process Equipment Corporation, Blendtec, Breville, Buhler Holding AG, Charles Ross & Son Company, DIOSNA Dierks & Söhne GmbH, Hamilton Beach Brands Holding Company, Hobart Corporation, Hosokawa Micron Corporation, John Bean Technologies Corporation, John R Boone Ltd., KHS GmbH, Krones AG, Marel HF, Paul Mueller Company, Pentair PLC, Primix B.V., Q-Pumps, Silverson Machines Inc., SPX Flow, Inc., Sulzer Limited, TechnoSilos AP, Tetra Laval International S.A., The Middleby Corporation, Vita-Mix Corporation, and Waring Products LLC.
The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
- What is the market size and forecast of the Global Food Blenders & Mixers Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Food Blenders & Mixers Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Food Blenders & Mixers Market?
- What is the competitive strategic window for opportunities in the Global Food Blenders & Mixers Market?
- What are the technology trends and regulatory frameworks in the Global Food Blenders & Mixers Market?
- What is the market share of the leading vendors in the Global Food Blenders & Mixers Market?
- What modes and strategic moves are considered suitable for entering the Global Food Blenders & Mixers Market?
